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Common use of ISP Clause in Contracts

ISP. Unless otherwise agreed by the Issuing Lender, the Borrower and the beneficiary of a Letter of Credit, the rules of the International Standby Practices as most recently published from time to time by the International Chamber of Commerce (the “ISP”) shall apply to each Letter of Credit.

Appears in 2 contracts

Samples: Joinder, Consent, First Amendment and Reaffirmation Agreement (ATN International, Inc.), Credit Agreement (ATN International, Inc.)

ISP. Unless otherwise expressly agreed by the Issuing Lender, Lender and the Borrower and the beneficiary of when a Letter of CreditCredit is issued, the rules of the International Standby Practices as most recently 1998” published from time to time by the Institute of International Chamber Banking Law & Practice (or such later version thereof as may be in effect at the time of Commerce issuance) (the “ISP”) shall apply to each Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Surewest Communications), Credit Agreement (Surewest Communications)

ISP. Unless otherwise expressly agreed by the Issuing Lender, the Lender and Borrower and the beneficiary of when a Letter of CreditCredit is issued, the rules of the International Standby Practices as most recently 1998” published from time to time by the Institute of International Chamber Banking Law & Practice (or such later version thereof as may be in effect at the time of Commerce issuance) (the “ISP”) shall apply to each Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Surewest Communications)

ISP. Unless otherwise expressly agreed by the Issuing Lender, the Borrower and the beneficiary of a Letter of Credit, the rules of the International Standby Practices as most recently published from time to time by the International Chamber of Commerce (the “ISP”) shall apply to each Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Otelco Inc.)

ISP. Unless otherwise expressly agreed by the Issuing Lender, the Borrower and the beneficiary of a Letter of Credit, Credit the rules of the International Standby Practices as most recently published from time to time by the International Chamber of Commerce (the “ISP”) shall apply to each Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Nuvera Communications, Inc.)

ISP. Unless otherwise expressly agreed by the Issuing Lender, the Borrower and the beneficiary of a Letter of Credit, the rules of the International Standby Practices as most recently published from time to time by the International Chamber of Commerce (the "ISP") shall apply to each Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Andersons, Inc.)